Post Holdings Inc (POST)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,314,000 | 6,039,000 | 6,186,100 | 5,837,100 | 5,886,800 | 5,956,600 | 6,032,400 | 6,105,900 | 7,429,000 | 6,441,600 | 6,932,100 | 6,981,000 | 6,972,100 | 6,959,000 | 6,776,900 | 7,171,300 | 6,382,600 | 7,066,000 | 6,324,500 | 6,326,200 |
| Total stockholders’ equity | US$ in thousands | 3,944,000 | 3,842,100 | 3,950,000 | 3,473,000 | 3,428,300 | 3,254,000 | 3,395,000 | 3,476,500 | 2,566,100 | 2,742,400 | 2,833,900 | 2,901,200 | 2,920,700 | 2,854,500 | 2,916,300 | 2,907,100 | 3,357,800 | 2,925,900 | 3,206,100 | 3,233,900 |
| Debt-to-equity ratio | 1.60 | 1.57 | 1.57 | 1.68 | 1.72 | 1.83 | 1.78 | 1.76 | 2.90 | 2.35 | 2.45 | 2.41 | 2.39 | 2.44 | 2.32 | 2.47 | 1.90 | 2.41 | 1.97 | 1.96 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,314,000K ÷ $3,944,000K
= 1.60
Post Holdings Inc's debt-to-equity ratio has been relatively stable over the past eight quarters, ranging from 1.57 to 1.85. The ratio indicates that the company relies more on debt financing compared to equity to fund its operations and growth. A ratio above 1 suggests that the company has more debt than equity in its capital structure.
While the ratio has fluctuated slightly, it has remained above 1 consistently, indicating a higher level of financial leverage. This could imply higher financial risk for the company, as increased debt levels could lead to higher interest payments and potentially impact profitability and financial stability. Overall, monitoring this ratio over time is important to assess the company's financial health and risk profile.
Peer comparison
Dec 31, 2023